Trade and Manufacturing Monitor
Treasury Declines to Name China a Currency Manipulator
On April 13, 2018, the Treasury Department released its biannual report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, which declined to formally label…
Trump Administration Considering Using IEEPA to Block Chinese Acquisitions
According to Bloomberg, the Trump administration is considering using the International Emergency Economic Powers Act (IEEPA) to block Chinese investments in industries or technologies “deemed important” to the U.S.…
Trump Administration Releases Proposed List of Chinese Products for Additional 25% Tariffs
The Trump Administration is using an infrequently used provision of the trade laws, Section 301 of the Trade Act of 1974 to impose an additional 25% tariff on $50 billion worth of Chinese products imported into the…
Federal Circuit Denies Lower Duty Rate for Chinese Aluminum Extrusion Importer
Earlier this month, the U.S. Court of Appeals for the Federal Circuit (“Federal Circuit”) denied an appeal by Capella Sales & Services Ltd., an importer of aluminum extrusions from China, in which the company…
China to Encourage Even More Steel Exports
Late last week, the Government of China announced that it would be removing export taxes on many steel products, including wire, rods, bars, billets, and stainless steel plate, as of January 1, 2018. The move is part…